Strengthening management through stricter enforcement, advanced technology, and increased awareness of tax laws is essential to prevent fraud effectively and protect revenue.
Challenges in Managing Electronic Invoices in Vietnam
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Other countries
Author: Ema Stamenković
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General information
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87
Content accuracy validation date:
08.01.2026
Content accuracy validation time:
08:09h
Current laws impose administrative or criminal penalties for illegal invoice trading/use, based on severity.
Decree No. 310/2025/ND-CP (amending Decree 125/2020/ND-CP), effective January 16, 2026, expands violation scope, clarifies subjects, and raises penalties for many acts, enhancing deterrence.
This reflects the State's commitment to strict control. However, post-violation penalties alone are insufficient; early detection/prevention is main via rigorous business registration checks, sector-specific risk management, and tax compliance history reviews.
The 2015 Penal Code (amended 2017) provides severe sanctions: fines, up to 7 years imprisonment, plus professional bans or operation suspensions, depending on violation scale.
Despite comprehensive regulations, illegal trading persists, often detected late after significant budget losses.
Authorities must tighten rules, boost enforcement, apply IT/big data, and cross-verify invoices, declarations, cash flows, and actual operations. Simultaneously, raise awareness and compliance with tax/invoice laws among businesses and individuals to prevent violations at the source.
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